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Grosskreditgrenze

English translation: Large Credit Directive

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01:41 May 30, 2001
German to English translations [PRO]
Bus/Financial
German term or phrase: Grosskreditgrenze
Appears to be reached when a line of credit reaches 15% of the lender's assets according to the German banking code. Does anyone know the precise phrase for this?
transatgees
United Kingdom
Local time: 15:29
English translation:Large Credit Directive
Explanation:
"ie für alle Banken mit Sitz in der EG einheitliche Grenze für Großkredite in Höhe von 25% der Eigenmittel und von 800% der Eigenmittel für alle Großkredite zusammen; ein Großkredit beträgt 10% der Eigenmittel oder mehr"
Selected response from:

Birgit Yandle
Australia
Local time: 01:29
Grading comment
4 KudoZ points were awarded for this answer

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Summary of answers provided
naUpper credit limitgangels
naLarge credit limit
Parrot
nalarge exposure limitNia Foster
naLarge Credit DirectiveBirgit Yandle


  

Answers


15 mins
Large Credit Directive


Explanation:
"ie für alle Banken mit Sitz in der EG einheitliche Grenze für Großkredite in Höhe von 25% der Eigenmittel und von 800% der Eigenmittel für alle Großkredite zusammen; ein Großkredit beträgt 10% der Eigenmittel oder mehr"

Birgit Yandle
Australia
Local time: 01:29
Native speaker of: German
PRO pts in pair: 16
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18 mins
large exposure limit


Explanation:
Grosskredit = large exposure
grenze = limit


    various business dictionaries
Nia Foster
United Kingdom
Local time: 15:29
Native speaker of: Native in EnglishEnglish
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48 mins
Large credit limit


Explanation:
The above definition (Directive) seems to warrant this.

Parrot
Spain
Local time: 16:29
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 315
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3 hrs
Upper credit limit


Explanation:
"Upper", more so than "large", precisely defines the cutoff (15% in your example) of someone's eligibility to borrow.


I trust you mean "15% of BORROWER'S (lendee's) assets, else it doesn't make sense.

gangels
Local time: 08:29
Native speaker of: Native in EnglishEnglish, Native in GermanGerman
PRO pts in pair: 5508

Peer comments on this answer (and responses from the answerer)
gcaddy
1 day 9 hrs
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